LMAX Digital completes 4 million trades over a year; hits $400 million peak in daily volume

Cryptocurrency exchange LMAX Digital has marked its one-year anniversary by completing its 4 millionth trade, the company shared in a press release. Since its launch last May, the company has attracted 175 institutional clients around the world; two-thirds of whom are based across the US and Asia.

The exchange, which is part of the LMAX Exchange Group and offers the top five cryptocurrencies, also saw its daily volume reportedly hit $400 million over the weekend amid high volatility. It is now hoping to surpass April’s top monthly volumes of $2.2 billion this month.